AVOK
ActiveSummary
AVOK has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of -€49,718. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 8160 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▼-10
Solvency70▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.91 in 2024; short-term debt: 29.5% and cash: 4% of total assets), but 54.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
28 d late
2023
57 d late
2022
on the day
2021
on the day
2020
18 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#3 company by total assets in Lede, Wholesale and retail trade sector#3 company by equity in Lede, Wholesale and retail trade sector
Equity
€1.8m▼ 2.6%
2024 · €1.9m
Total assets
€4.1m▲ 3.4%
2024 · €3.9m
Net result
-€49,718▼ 56.1%
2024 · -€31,845
Working capital
€808,103▼ 3.0%
2024 · €832,836
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€204,541▼ 20.9%€92,317▼ 54.9%€187,627▲ 103%€25,583▼ 86.4%-€281
Net result€107,538within the sector's middle half▼ 17.6%€32,843within the sector's middle half▼ 69.5%€94,086within the sector's middle half▲ 186%-€31,845below the sector's middle half-€49,718below the sector's middle half▼ 56.1%
Equity€1.7mabove the sector's middle half▲ 6.0%€1.8mabove the sector's middle half▲ 1.7%€1.9mabove the sector's middle half▲ 5.3%€1.9mabove the sector's middle half▲ 1.7%€1.8mabove the sector's middle half▼ 2.6%
Total assets€4.3mabove the sector's middle half▲ 1.3%€4.3mabove the sector's middle half▲ 0.1%€4.1mabove the sector's middle half▼ 4.9%€3.9mabove the sector's middle half▼ 4.8%€4.1mabove the sector's middle half▲ 3.4%
Debt€2.3m▼ 0.5%€2.3m▲ 0.2%€2.1m▼ 12.0%€1.9m▼ 6.1%€2.2m▲ 11.5%
Working capital€915,595above the sector's middle half▲ 7.0%€854,443within the sector's middle half▼ 6.7%€897,794above the sector's middle half▲ 5.1%€832,836within the sector's middle half▼ 7.2%€808,103above the sector's middle half▼ 3.0%
Solvency39.9%within the sector's middle half▲ 1.8pp40.6%within the sector's middle half▲ 0.6pp44.9%within the sector's middle half▲ 4.4pp48.0%within the sector's middle half▲ 3.0pp45.2%within the sector's middle half▼ 2.8pp
Current ratio2.21within the sector's middle half▼ 0.211.94within the sector's middle half▼ 0.272.09within the sector's middle half▲ 0.151.91within the sector's middle half▼ 0.181.67within the sector's middle half▼ 0.24
Return on assets (ROA)2.5%within the sector's middle half▼ 0.6pp0.8%within the sector's middle half▼ 1.7pp2.3%within the sector's middle half▲ 1.5pp-0.8%below the sector's middle half▼ 3.1pp-1.2%below the sector's middle half▼ 0.4pp
Staff (FTE)6.6within the sector's middle half▼ 17.5%6.3within the sector's middle half▼ 4.5%9.1above the sector's middle half▲ 44.4%8.4above the sector's middle half▼ 7.7%6.9within the sector's middle half▼ 17.9%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €281 after €25,583 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.1m
Fixed assets
€2.1m ▼ 5.9%
Current assets
€2.0m ▲ 14.9%
Equity and liabilities €4.1m
Equity
€1.8m ▼ 2.6%
Provisions
€69,452 ▼ 37.0%
Debt
€2.2m ▲ 11.5%
Debt's share of the balance-sheet total rises from 49.2% to 53.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€207,841▼
2024 · €271,461
Cash flow
€158,404▼
2024 · €214,034
Quick ratio
0.36▲
2024 · 0.13
Debt to equity
1.18▲
2024 · 1.03
ROE
-2.7%▼
2024 · -1.7%
Interest coverage
3.39▼
2024 · 4.60
Debt ≤ 1 year
€1.2m▲
2024 · €915,113
Debt > 1 year
€952,500▼
2024 · €1.0m
Income taxes
€36,297▼
2024 · €49,382
Staff costs
€350,191▼
2024 · €379,559
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €517,284 | €371,659 | €379,559 | €350,191 | ▼ 7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €175,377 | €172,451 | €175,407 | €245,878 | €208,122 | ▼ 15.4% |
| Other operating charges640/8 | - | €29,776 | €30,390 | €33,955 | €32,545 | ▼ 4.2% |
| Non-recurring operating charges66A | - | - | €1,313 | €86 | €8,764 | ▲ 10,046% |
| Gross operating margin9900 | €851,975 | €811,828 | €766,395 | €685,062 | €599,341 | ▼ 12.5% |
| Operating profit (loss)9901 | €204,541 | €92,317 | €187,627 | €25,583 | -€281 | ▼ 101% |
| Financial income75/76B | - | €7,435 | €4,076 | €10,178 | €7,325 | ▼ 28.0% |
| Recurring financial income75 | €7,808 | €7,435 | €4,076 | €10,178 | €7,325 | ▼ 28.0% |
| Financial charges65/66B | - | €60,633 | €59,813 | €58,995 | €61,236 | ▲ 3.8% |
| Recurring financial charges65 | €65,225 | €60,633 | €59,813 | €58,995 | €61,236 | ▲ 3.8% |
| Profit (loss) for the period before taxes9903 | €147,125 | €39,119 | €131,889 | -€23,234 | -€54,192 | ▼ 133% |
| Transfer from deferred taxes780 | - | €28,496 | €26,216 | €40,771 | €40,771 | = |
| Income taxes67/77 | €70,560 | €34,771 | €64,020 | €49,382 | €36,297 | ▼ 26.5% |
| Profit (loss) for the period9904 | €107,538 | €32,843 | €94,086 | -€31,845 | -€49,718 | ▼ 56.1% |
| Transfer from tax-exempt reserves789 | - | €55,340 | €50,913 | €122,312 | €122,312 | = |
| Profit (loss) for the period to be appropriated9905 | €167,689 | €88,183 | €144,998 | €90,468 | €72,594 | ▼ 19.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.3m | €4.3m | €4.1m | €3.9m | €4.1m | ▲ 3.4% |
| Formation expenses20 | - | - | €0 | - | - | - |
| Fixed assets21/28 | €2.7m | €2.6m | €2.4m | €2.2m | €2.1m | ▼ 5.9% |
| Intangible fixed assets21 | - | - | €0 | - | - | - |
| Tangible fixed assets22/27 | €2.7m | €2.6m | €2.4m | €2.2m | €2.0m | ▼ 5.9% |
| Land and buildings22 | - | €2.4m | €2.3m | €2.1m | €1.9m | ▼ 9.0% |
| Plant, machinery and equipment23 | - | €112,166 | €47,988 | €30,958 | €35,931 | ▲ 16.1% |
| Furniture and vehicles24 | - | €79,049 | €62,114 | €42,968 | €99,843 | ▲ 132% |
| Leasing and similar rights25 | - | - | €0 | - | - | - |
| Other tangible fixed assets26 | - | - | €0 | - | - | - |
| Assets under construction and advance payments27 | - | - | €0 | - | - | - |
| Financial fixed assets28 | €5,468 | €5,468 | €5,468 | €5,468 | €5,468 | = |
| Current assets29/58 | €1.7m | €1.8m | €1.7m | €1.7m | €2.0m | ▲ 14.9% |
| Amounts receivable after more than one year29 | - | - | €0 | - | - | - |
| Trade receivables290 | - | - | €0 | - | - | - |
| Other amounts receivable291 | - | - | €0 | - | - | - |
| Stocks and contracts in progress3 | €1.4m | €1.6m | €1.6m | €1.6m | €1.6m | ▼ 3.0% |
| Stocks30/36 | - | €1.6m | €1.6m | €1.6m | €1.6m | ▼ 3.0% |
| Contracts in progress37 | - | - | €0 | - | - | - |
| Amounts receivable within one year40/41 | €27,757 | €32,872 | €8,941 | €4,653 | €265,265 | ▲ 5,601% |
| Trade receivables40 | - | €6,387 | €2,977 | €4,527 | €233,106 | ▲ 5,049% |
| Other amounts receivable41 | - | €26,485 | €5,964 | €126 | €32,159 | ▲ 25,423% |
| Current investments50/53 | - | - | €0 | - | - | - |
| Cash at bank and in hand54/58 | €277,525 | €59,208 | €81,144 | €113,484 | €161,336 | ▲ 42.2% |
| Deferred charges and accrued income490/1 | - | €22,143 | €0 | - | €1,437 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.3m | €4.3m | €4.1m | €3.9m | €4.1m | ▲ 3.4% |
| Equity10/15 | €1.7m | €1.8m | €1.9m | €1.9m | €1.8m | ▼ 2.6% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | = |
| Revaluation surpluses12 | - | - | €0 | - | - | - |
| Reserves13 | €1.4m | €1.4m | €1.5m | €1.5m | €1.5m | ▼ 3.2% |
| Non-distributable reserves130/1 | - | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | = |
| Reserves not available under the articles1311 | - | €6,197 | €6,197 | - | - | - |
| Own shares acquired1312 | - | - | €0 | - | - | - |
| Financial assistance1313 | - | - | €0 | - | - | - |
| Other1319 | - | - | €0 | - | - | - |
| Tax-exempt reserves132 | - | €441,346 | €390,433 | €330,668 | €208,356 | ▼ 37.0% |
| Distributable reserves133 | - | €967,730 | €1.1m | €1.2m | €1.3m | ▲ 6.0% |
| Profit (loss) carried forward14 | €283,486 | €283,486 | €283,486 | €283,486 | €283,486 | = |
| Investment grants15 | - | - | €0 | - | - | - |
| Advance to shareholders on the distribution of net assets19 | - | - | €0 | - | - | - |
| Provisions and deferred taxes16 | €268,253 | €239,757 | €213,541 | €110,223 | €69,452 | ▼ 37.0% |
| Provisions for liabilities and charges160/5 | - | - | €0 | - | - | - |
| Pensions and similar obligations160 | - | - | €0 | - | - | - |
| Taxes161 | - | - | €0 | - | - | - |
| Major repairs and maintenance162 | - | - | €0 | - | - | - |
| Environmental obligations163 | - | - | €0 | - | - | - |
| Other liabilities and charges164/5 | - | - | €0 | - | - | - |
| Deferred taxes168 | - | €239,757 | €213,541 | €110,223 | €69,452 | ▼ 37.0% |
| Amounts payable17/49 | €2.3m | €2.3m | €2.1m | €1.9m | €2.2m | ▲ 11.5% |
| Amounts payable after more than one year17 | €1.6m | €1.4m | €1.2m | €1.0m | €952,500 | ▼ 6.6% |
| Financial debts170/4 | - | €1.4m | €1.2m | €1.0m | €952,500 | ▼ 6.6% |
| Trade debts175 | - | - | €0 | - | - | - |
| Advances received on contracts in progress176 | - | - | €0 | - | - | - |
| Other amounts payable178/9 | - | - | €0 | - | - | - |
| Amounts payable within one year42/48 | €757,250 | €907,094 | €822,101 | €915,113 | €1.2m | ▲ 31.2% |
| Current portion of amounts payable after more than one year42 | - | €150,000 | €275,000 | €275,000 | €275,000 | = |
| Financial debts43 | - | €220,943 | €210,179 | €215,284 | €240,180 | ▲ 11.6% |
| Credit institutions430/8 | - | €220,943 | €210,179 | €215,284 | €240,180 | ▲ 11.6% |
| Other loans439 | - | - | €0 | - | - | - |
| Trade debts44 | €286,302 | €457,998 | €215,622 | €325,961 | €589,709 | ▲ 80.9% |
| Suppliers440/4 | - | €457,998 | €215,622 | €325,961 | €589,709 | ▲ 80.9% |
| Bills of exchange payable441 | - | - | €0 | - | - | - |
| Advances received on contracts in progress46 | - | - | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | €59,257 | €105,528 | €79,971 | €95,345 | ▲ 19.2% |
| Taxes450/3 | - | €14,621 | €69,901 | €35,121 | €42,703 | ▲ 21.6% |
| Remuneration and social security454/9 | - | €44,637 | €35,627 | €44,850 | €52,642 | ▲ 17.4% |
| Other amounts payable47/48 | - | €18,896 | €15,772 | €18,896 | - | - |
| Accrued charges and deferred income492/3 | - | €19,097 | €18,579 | - | €5,044 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €107,538 | €32,843 | €94,086 | -€31,845 | -€49,718 | ▼ 56.1% |
| + Depreciation and write-downs630 | €175,377 | €172,451 | €175,407 | €245,878 | €208,122 | ▼ 15.4% |
| Operating cash flow (approximation) | €282,915 | €205,294 | €269,493 | €214,034 | €158,404 | ▼ 26.0% |
| Investment in fixed assets (approximation) | - | -€89,433 | -€4,407 | -€19,642 | -€79,909 | ▼ 307% |
| Change in cash | - | -€218,317 | €21,936 | €32,340 | €47,852 | ▲ 48.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet -€49,718
Net result drops to -€49,718, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 57 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 18 days late
2020
30-06
Financial
Highest result since 2019net €130,462 ▲108%
Operating result €258,722, net result €130,462, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
26-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lede · 1 establishment unit since 1997
Ground area
8,512 m²
Building footprint
4,232 m²
Volume, LiDAR
1,778 m³
2 parcels, Flanders · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Kangoeroe
since 19972.083.292.754
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44013A0225/00L000 | Flanders | 8,291 m² | 1 · 4,012 m² | - |
| 41052A0262/00E000 | Flanders | 220 m² | 1 · 220 m² | 12.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteDestelbergen2.083.292.754
Dual-learning approval
2 live approvalsWinkelmedewerker (vwo)
Winkelmedewerker duaal (so)
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Of 1,173 companies in sector 46499 we hold annual accounts for 743. 434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded02-09-1997
Fiscal year end30-06
Activities, NACEBEL 2025
46499Wholesale of other household goods
47120Other non-specialised retail sale
E-invoicing
Reachable via Peppol
Peppol ID
0208:0461364959
Registered
22-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.